Thursday, February 4, 2010

Labour holding out on a wing and a prayer – I think there’s a loose rivet!

Economy worries hit stock markets and oil prices

The discouraging jobs news had dampened hopes of a near-term economic recovery, said Fadel Gheit, an oil analyst at Oppenheimer & Co. "When people say there's a light at the end of the tunnel, it's getting to be a very dim light and a very long tunnel," he said. European markets suffered as a lack of demand for government bonds in Portugal re-ignited concerns that countries such as Portugal and Greece would not be able to fund their national deficits without a bail-out.

Posted by hoaglund @ 09:50 PM (495 views)
Please complete the required fields.



Add a comment

  • Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
  • Please note that any viewpoints published here as comments are user´s views and not the views of HousePriceCrash.co.uk.
  • Please adhere to the Guidelines

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes:

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>